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Common stock value - Zero growth Pensonal Finance Problem Kelsey Drums, inc, is a westestablished supplier of fne percussion instruments to orchestras all over the

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Common stock value - Zero growth Pensonal Finance Problem Kelsey Drums, inc, is a westestablished supplier of fne percussion instruments to orchestras all over the United States. The company's class A common stock has paid a dividend of 54.41 per share per year for the last 12 years. Management expects to continue to pay at that amount for the foreseeabile fufure. Kim Amold purchased 400 shares of Kelsey class A common 9 years ago at a time when the required eate of refurn for the atock was 9.3%. She wants to sell ner shares today. The current required rate of retum for the stock is 6.30%. How much fotal capital gain or loss will Kim have on her shares? The value of the stock when Kim purchased it was I per share. (Round to the nearest cent) The value of the stock ir Kim sels her shares today is $ per thare. (Round io the neevent cent) The lotal capital gain (or loss) Kim will have on her thares is 1 (Round to the nearest dotar. Enter a posatwe number for a capital gan and a negative number for a ions)

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